People in Hong Kong create super chaebols

Chapter 512 Investment Projects

Since this is a project that is not intended to make money, Su City certainly hopes to attract more big names to join in the construction of the Pearl River Delta.

Future investment in the Pearl River Delta is not just his business, but the business of many Hong Kong businessmen.

It would not be impossible to boost the Pearl River Delta's economy by relying solely on his investment, but it would be too slow.

According to Su Cheng’s understanding of this area in his previous life, Guangdong Province should have truly entered the fast track for development after the mid-80s, especially in the 90s.

But now, it's just the late 70s.

Since he has been brought to this era, Sioux City does not mind advancing the time to enter the rapid development track.

Anyway, many subsidiaries of his Hutchison Whampoa Group and Su Group have manufacturing industries.

The cost of these manufacturing industries in Xiangjiang is still relatively high, mainly because they spend more on labor.

Now, for a factory to recruit an employee, it costs at least more than 1000 Hong Kong dollars per month, and for more serious ones, it costs more than 2000 Hong Kong dollars.

It's different in the Mainland. According to Su Cheng, the average salary in this era is only 30/40 Soft Girl Dollars a month. When converted into Hong Kong dollars, it's only about 100 Hong Kong dollars.

In this era, if the income reaches 100 soft sister coins, it is even considered a relatively high income.

If Hong Kong companies enter the Pearl River Delta to develop, they will definitely drive up wages and attract people from all over the country to work here.

However, no matter how high it is, even if it increases by one or two times, it will still be much lower than the labor cost in Xiangjiang.

These factories employ tens of thousands of people at every turn.

Among the factories owned by Suzhou City, there are several factories with tens of thousands of people.

After Oracle brand experience stores became popular all over the world and expanded rapidly, the sales of electrical products of Su Group and Hutchison Whampoa Group continued to rise.

As sales increase, naturally we can only expand production scale, otherwise we can only wait to be sold out.

For example, one of its factories has a total of 1000 employees. If this factory is relocated to the mainland for production, each employee can save HKD 1.2. Then Sioux City can save HKD [-] million in monthly expenses. , that’s HK$[-] million a year!
This is just an employee of a factory.

According to statistics from Wei Li and Yang Chaoye, the number of factory employees under these two groups alone exceeds 6. This is the current situation.

With 6 employees, we can save 6 million a month and 7.2 million Hong Kong dollars a year!
This is still the current situation. In the future, these factories will continue to expand and the number of employees will continue to increase.

Therefore, if such a large factory continues to develop in Xiangjiang, how much money will be wasted.

It can develop the economy of the Pearl River Delta region, revitalize the economic vitality of these places, and create more profits for himself. This is killing two birds with one stone, why not do it!

What's more, Guangdong Province has also implemented many preferential policies for Hong Kong businessmen like him.

For example, discounts for buying land, tax exemptions, etc.

These can save a lot of money.

In Hong Kong, the two major groups in Sioux City paid a lot of taxes last year.

If the factory is moved inland, all these can be saved.

The prosperity in the world is all for profit; the money and wealth in the world are all for profit.

The reason why the Pearl River Delta can develop in the future naturally has its many advantages.

Otherwise, it would be impossible to attract so many Hong Kong businessmen to transfer their industries to the Pearl River Delta.

This is a win-win situation.The Pearl River Delta has successfully developed its economy, and Hong Kong businessmen can make more money. Everyone can laugh. What a great thing.

Anyway, the products produced in Xiangjiang will eventually be shipped to the whole world. The products that can be digested by relying solely on such a small market in Xiangjiang are too few.

Both Pengcheng and Yangcheng have excellent ports. In the future, products can be transported directly from these places to all over the world, without passing through the Xiangjiang Pass.

However, for the time being, it is unrealistic.

The policies are not open enough, and the infrastructure is not perfect enough. Even if factories are built now, many products may only be exported to the rest of the world through channels in Hong Kong, but in a few years, things should be much better.

The dock expansion, road improvement, and better infrastructure will naturally be more conducive to attracting foreign investment.

"Mr. Su, Mr. Bao, thank you very much!" The old man stood up from his seat again to express his gratitude.

Although, he knows that it will be difficult for Guangdong Province to develop in the short term.

However, after ten or even 20 years of development, if the investment promotion is successful, it will set an example for the entire mainland.

Next, several people started chatting again.

Especially Yang Chaoye and the son-in-law of the chartering king also joined in to chat this time.

Previously, those were investments of capital, and the two of them had no decision-making power, so it was better to remain silent. But now it is different. When they talked about economic development ideas, everyone could speak freely, and even other officials participated with a smile. .

"Mr. Bao, if you want to invest, what do you plan to invest here?" Su Cheng asked the chartering king curiously.

The charter king's industry is naturally based on the shipping industry.

But now the shipping industry seems to be at a low point and is not suitable for expansion.

As for Wharf, it is mainly focused on property development and rent collection. It seems that there are no good investment projects in the mainland, and Suzhou City is still the second largest shareholder.

If you just buy land but don't do business, the government will definitely not welcome it.

Therefore, Su Cheng became curious and asked directly in front of everyone.

As for himself, there are many projects he can invest in.

In fact, the industries under his umbrella are so complex that they are involved in almost every industry, so there is no need to worry about project investment.

On the other hand, Su Cheng became a little curious about the charter king.

"As far as I know, the shipbuilding industry in the mainland is relatively backward. This is an investment direction. In addition, there are hotels, tourism, etc., which can be invested, but we need to make a decision after careful inspection." Said with a smile.

It was obvious that the charter king had already thought about it before he came.

Indeed, due to technological isolation, the mainland's shipbuilding industry is still quite different from international shipbuilding technology.

As a big boss in the shipping industry, it is not difficult for the Charter King to obtain advanced shipbuilding technology.

If you invest in the shipbuilding industry in the mainland, the mainland market has just developed, and there may be a large demand for ships in the future.

However, these are just ideas after all, and whether they can be implemented in the end is still a question.

"Now that Mr. Su has asked me, I have to ask Mr. Su, if you invest in the mainland, which industries do you plan to invest in?" The chartering king continued to ask with a smile without waiting for Su Cheng to speak. (End of chapter)

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